Provides that amendments to §§ 34-36.1-1.03 and 34-36.1-3.08 are applicable to condominiums created before July 1, 1982, provides a definition for the term “special assessment” and allows unit owners to participate in association meetings remotely.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Provides that the “meetings” requirements from § 34-36.1-3.08 be applicable to condominiums created before July 1, 1982, and would permit remote participation in condominium meetings.
Voids any provision in a condominium declaration or bylaw that would limit an increase in annual assessments relative to a percentage of the prior year's assessment.
Creates a process for condominium associations to give notice to and obtain approval from unit mortgage holders for certain association actions.
Restricts increases in monthly common expenses and limit special assessments to cover unforeseen costs not included in condo association’s approved annual budget for common expenses in associations where the minority of the units are deed-restricted units
Restricts increases in monthly common expenses and limit special assessments to cover unforeseen costs not included in condo association’s approved annual budget for common expenses in associations where the minority of the units are deed-restricted units
References both the declaration and bylaws of a condominium association as possible sources of association insurance regulation for the condominiums and require additional insurance to protect unit owners, when necessary.
Creates process for condominium associations to give notice to and obtain approval from unit mortgage holders for certain association actions by mailing a written request for approval to the unit mortgagees via regular and certified mail.